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of it is spending on those of the highest levels spend a smaller percentage of their income to live and have the advantage of a tax system created for this advantage. during the debates with romney and obama, he mentioned that they were going to be just fine because obama was the champion of the koran the middle class and romney is the champion of the upper class. those investors are going to save the country. the point made by obama is that they were going to be just fine. i guess, where the way the tax structure have set up, they can get down to 10% because they can get tax is done because of corporations and the whole ball of wax. the other taxes considered by patrick included a gas tax and a toll increase on the pike. insurance pay the tolls and pay the gap. the rich people and the higher- income people will not be paying this tax at the same percentage. host: let's take a look at some of the details you hinted that. the associated press says he wants to hide to the income-tax from 5.25% up to 6.25% while eliminating itemize deductions. he is calling for reducing the sales tax from 6.25%
. a boost for the economy without the government spending a dime, getting closer. 53 senators, including nine departments wrote to president obama urging him to approve the pipeline bringing canada's oil to america. a big natural gas company opens books on fracking to the epa. the end result could be a lot more american natural gas production. think about that. jobs, cheap, reliable energy moving forward and a democrat senator pushing for it will join us in minutes. ♪ all right. as i said a moment ago, we'll be joined by one of the democrat senators who signed that letter to president obama urging approval of the keystone pipeline. he will be here ten past ten eastern this morning, this program. to the big board, close to an all-time record high. the dow is now at 13,834 #, up 55 points. to nicole, apple's numbers disappoint, and, boy, is that stock taking a downturn, go. >> oh, big time, down almost 10% right now at $463. out all the people who paid $700 for apple with high hopes of the iphone 5 and apple tv and the next latest product to see it disappoint. >> the soft story of the da
is another issue. >> these are big and complex topics and we could spend more time but unfortunately we are out. thanks to both of you for being with us. >> thank you. >> tomorrow on washington journal we'll talk about president obama's use of executive power. then a look at climate change on legislation and congress. and later a discussion about dop mat i can security worldwide with former interior to algeria ronald knewman. >> we've created a platform that we call digital health feedback system. and the main components of that platform are a sensor you swallow. it sends information to a wearable patch on your torso that collects information about the medicines you swallow and your heart rate and sleep,temperature, a lot of things what we call a panel of fiss logical and it commune indicates with a blue tooth phone you carry and it can help you manage your own health. >> i think we're at an inflection point. we've had all these incrementle amazing changes over the last five years and now we're poised to make great leeps in these complex disease. our understanding of cancer the last fiv
't touch. this political negligence suggests that obama has chosen to ignore negative budget projections, credit downgrades, falling revenues and perpetual increases in mandatory spending. instead, the president is teeing up partisan legislative battles with republicans in hopes of -- but as a measurement of the president's seriousness, his second inaugural address can only be seen as a grand failure that missed yet another historic opportunity to call americans together in the name of shared sacrifice. and richard haass, there is another opportunity, which would be the state of the union which i'm sort of banking on. >> traditionally inaugurals are the poetry, and then the state of the union becomes the prose. and the president did not prepare for educate the american people about some of the tough decisions to come, particularly on medicare and medicaid. so the real question going forward for the state of the union is whether he essentially addresses that. and whether he -- because we've still got more than, i think, more than $2 trillion in serious cuts to be made to entitlements over
] >> it's humbling to be here before you in this new role as president obama's nominee for secretary of state. but my approach to this role, if confirmed, is also deeply informed by the 28-plus years that i have been privileged to spend in the senate. that percent specht tiff will remain with me if confirmed as secretary. and i'm already excited by the many ways that we can work together, and in which we must work together in order to advance america's security interests in a complicated and ever more dangerous world. i would add that i'm particularly aware that in many ways the greatest challenge to america's foreign policy will be in your hands, not mine, because while it's often said that we can't be strong at home if we're not strong in the world, in these days of fiscal crisis, and as a recovering member of the super committee, i am especially cognizant of the fact that we can't be strong in the world unless we're strong at home. and the first priority of business, which will affect my credibility as a diplomat, and our credibility as a nation, as we work to help other countries
of the technology -- a lot of the advances have come from that. so you want to get reimbursed for spending a lot of money to develop them. but then again, we all have this problem with keeping health care costs down and obama care wants generic competition for biologics. what's the right road to take there? >> you know, joe, we've been in this industry for over 135 years. for us, we've taken a focus and we pursue both small molecule as well as bioological routes to address some of the most oppressing diseases out there. if you take alzheimer's, we have the biologic but we have a base inhibitor in phase two -- >> would you pay a lobbyist, would you get lobbyists for eli lilly to try to make it that you don't have to have generic competition for biologics, is that something eli lilly would do, or do you go along with it? >> well, remember, in the affordable care act we did get an extension in terms of data protection, as we should be, to at least 12 years. we believe that's very important for us to have a reasonable period to generate return on investment that we make in r&d. we still are the indu
affirmative done is going to come from those leverage points he cuts president obama has indicated, sadly, he has no interest in being bill clinton, tacking to the middle, compromising with anybody. the only way we are going to restrain the out-of-control spending and that that is threatening our future is to use the leverage points to force real solutions. so, that is the short-term. what about the long-term? what about strategically? or as "saturday night live would -- saturday night live" would put it, what about "strat egery." why did we lose in 2012? margaret thatcher said first you win the argument, then you win the vote. we did not win the argument. long-term, we have to win the argument, and i will suggest to words every republican in this country should have tattooed on their forearm to read in any speech -- growth and opportunity. let's talk about them one at a time. world -- growth -- there was a time when republicans were unabashedly the party of growth. we need to return to that. you know, since world war ii, our economy has grown an average of 3.3%. under barack obama in the las
Search Results 0 to 8 of about 9 (some duplicates have been removed)

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